ResearchMoz.us includes new market research report " The Insurance Industry in the Central African Republic to 2019: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

'The Insurance Industry in the Central African Republic, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Central African Republic insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019). The report also analyzes detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

The CAR’s insurance industry is regulated by the Conférence Internationale des Marchés d'Assurances (The International Conference of Insurance Markets – CIMA).

The industry is small, with just two companies serving a population of 4.7 million as of 2014.

The industry declined in terms of gross written premium value, at a review-period CAGR of -3.2%.

Life insurance penetration is low, measuring 0.006% in 2014.

Non-life insurance was the largest segment in the industry, accounting for 77.2% of the total gross written premium in 2014.

Motor insurance was the largest non-life category in terms of gross written premium during the review period.

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